Fenbeitong

At the 2018 ‘Truth Fair’ and True Ranking Awards in Beijing, Fenbotong was recognized among top companies in the investment ecosystem.

At the 2020 Third Plough Financial Elite Leader Summit in Shanghai, Fenbotong joined industry leaders to discuss corporate financial transformation.

Businesses use different travel management models, each with strengths and weaknesses.

Fenbotong’s AI expense platform covers business travel and cost-control reimbursement, both domestically and internationally, using big data and AI to streamline employee expense reporting and reduce costs by 15% or more.

Fenbeitong, a Chinese provider of enterprise payment and expense management software, secures **$140 million** in a Series C funding round led by **DST Global**. The round includes participation from **Ribbit Capital, Hillhouse Capital Management, and Eight Roads**, valuing the company at **at least $1 billion**. The funding supports expansion in Greater China and technology development.

Feb 2022https://www.avcj.comNews article

Fenbeitong, a corporate spend management startup in China, secures $140 million in a Series C+ funding round. The company operates in the FinTech sector, targeting businesses with spend optimization solutions.

Feb 2022FinTech GlobalNews article

Hillhouse Capital and Tencent Holdings lead a **$92.5 million Series C** for **Fenbeitong**, a China-based provider of enterprise payment and expense management software. The round includes participation from Ribbit Capital, Eight Roads, and IDG Capital. Fenbeitong targets businesses in Greater China with SaaS solutions for financial workflows.

Mar 2021https://www.avcj.comNews article

China’s Fenbeitong secures a $36 million Series B+ funding round led by CreditEase Fintech Investment Fund. The investment supports the fintech startup’s growth in China’s digital financial services sector. Fenbeitong operates in the fintech space, though specific use cases or services were not detailed in the announcement.

Mar 2020PR NewswireNews article